News Snapshot:
Japan's government is poised to approve a major defence policy overhaul Friday, including a significant spending hike, as it warns China poses the "greatest strategic challenge ever" to the country's security. In its largest defence shake-up in decades, Japan is expected to up security spending to two percent of GDP by 2027, reshape its military command, and acquire new missiles that can strike far-flung enemy launch sites. "Fundamentally strengthening our defence capabilities is the most urgent challenge in this severe security environment," Prime Minister Fumio Kishida said last week. Polls suggest Japan's public largely backs the shift, worried by growing...